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Price (delayed)
$20.32
Market cap
$4.57B
P/E Ratio
N/A
Dividend/share
$0.64
EPS
$0
Enterprise value
$6.81B
Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh and Tampa. IRT's investment
Highlights
Independence Realty Trust's debt has decreased by 16% YoY
IRT's net income has dropped by 100% year-on-year but it has soared by 97% since the previous quarter
The EPS has soared by 100% from the previous quarter but it has plunged by 100% YoY
The equity is down by 4.9% YoY
The gross profit has contracted by 3.1% YoY
Key stats
What are the main financial stats of IRT
Market
Valuations
Earnings
Shares outstanding
225.1M
Market cap
$4.57B
Enterprise value
$6.81B
Price to book (P/B)
1.36
Price to sales (P/S)
7.07
EV/EBIT
85.49
EV/EBITDA
22.81
EV/Sales
10.54
Revenue
$646.12M
Gross profit
$375.82M
Net income
-$219,000
EBIT
$79.69M
EBITDA
$298.7M
Free cash flow
$655.11M
Per share
Balance sheet
Liquidity
EPS
$0
EPS diluted
$0
Free cash flow per share
$2.91
Book value per share
$14.9
Revenue per share
$2.87
TBVPS
$26.45
Total assets
$5.95B
Total liabilities
$2.46B
Debt
$2.29B
Equity
$3.36B
Working capital
N/A
Debt to equity
0.68
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
7.49
Margins
Efficiency
Dividend
EBITDA margin
46.2%
Gross margin
58.2%
Net margin
0%
Operating margin
19.9%
Return on assets
0%
Return on equity
0%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
12.3%
Dividend yield
3.15%
DPS
$0.64
Payout ratio
N/A
IRT stock price
How has the Independence Realty Trust stock price performed over time
Intraday
0.69%
1 week
-4.06%
1 month
-6.57%
1 year
33.25%
YTD
32.81%
QTD
-0.88%
Financial performance
How have Independence Realty Trust's revenue and profit performed over time
Revenue
$646.12M
Gross profit
$375.82M
Operating income
$128.3M
Net income
-$219,000
Gross margin
58.2%
Net margin
0%
Independence Realty Trust's net margin has soared by 100% from the previous quarter but it has plunged by 100% YoY
IRT's net income has dropped by 100% year-on-year but it has soared by 97% since the previous quarter
Independence Realty Trust's operating income has decreased by 11% YoY and by 6% QoQ
Independence Realty Trust's operating margin has decreased by 10% YoY and by 4.3% QoQ
Growth
What is Independence Realty Trust's growth rate over time
Valuation
What is Independence Realty Trust stock price valuation
P/E
N/A
P/B
1.36
P/S
7.07
EV/EBIT
85.49
EV/EBITDA
22.81
EV/Sales
10.54
The EPS has soared by 100% from the previous quarter but it has plunged by 100% YoY
The P/B is 13% more than the last 4 quarters average of 1.2 but 2.9% less than the 5-year quarterly average of 1.4
The equity is down by 4.9% YoY
IRT's price to sales (P/S) is 16% higher than its last 4 quarters average of 6.1
Efficiency
How efficient is Independence Realty Trust business performance
IRT's return on equity has surged by 100% since the previous quarter but it has dropped by 100% year-on-year
IRT's ROA has soared by 100% since the previous quarter but it has dropped by 100% year-on-year
The ROS has contracted by 45% YoY but it has grown by 7% from the previous quarter
Independence Realty Trust's return on invested capital has decreased by 38% YoY but it has increased by 11% QoQ
Dividends
What is IRT's dividend history
DPS
$0.64
Dividend yield
3.15%
Payout ratio
N/A
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Independence Realty Trust financials performed over time
Independence Realty Trust's total assets is 142% more than its total liabilities
Independence Realty Trust's total liabilities has decreased by 15% YoY but it has increased by 2.2% QoQ
Independence Realty Trust's total assets has decreased by 10% YoY
Independence Realty Trust's debt is 32% less than its equity
Independence Realty Trust's debt has decreased by 16% YoY
IRT's debt to equity is down by 12% YoY but it is up by 3% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.